Nationwide Financial Advisory Services

Income Protection

Find out more, speak to an advisor

What is it?

An Income Protection plan is designed to pay out a regular income in the event you are unable to work due to an accident or illness. These types of plans continue to pay out an income as long as you are unable to return to work up until the end date of the policy (typically your normal retirement age). This type of plan is quite often seen as the foundation of any financial planning as it is likely that other plans will have to be given up if you do not have sufficient income coming into the household.

Who is it for?

This type of plan is designed for anyone whom is working (employed or self employed). It’s worth pointing out that even if your employer provides sick pay, it is unlikely to last for longer than twelve months and so ongoing protection is essential. Plans can be adapted to fit in with any existing protection you might have. As advisors we can help you find the plan that best meets your requirements.

There are other providers of Payment Protection Insurance [Short-Term Income Protection] and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk.

By submitting your details you understand and accept that the information you submit will be stored and viewed according to our Privacy Policy.

 

Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured upon it.

Nationwide Financial Advisory Services Limited is Authorised and Regulated by the Financial Conduct Authority.

Registered at 26 Broombriggs Road LE3 9QN. Company Number: 11323737.
© Copyright 2018 . All rights reserved.